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Posts Tagged ‘Report’

USDCAD: Trading Canada’s Employment Report

Market participants see Canada’s labor market strengthening further in April and a positive development may spark a reversal in the USDCAD as it fuels speculation for a rate hike.

View full post on DailyFX – Trading News Events

AUDUSD: Trading Australia’s Consumer Price Report

The headline reading for inflation is expected to grow at the slowest pace since the fourth quarter of 2009, and easing price pressures could spark a sharp selloff in the AUDUSD as market participants look for a rate cut in May.

View full post on DailyFX – Trading News Events

EURUSD: Trading the U.S. Durable Goods Order Report

A rebound in U.S. durable goods should help to prop up the dollar as it raises the fundamental outlook for the world’s largest economy, and the development may encourage the Fed to drop its dovish tone for monetary policy as the recovery gets on a more sustainable path.

View full post on DailyFX – Trading News Events

NZDUSD: Trading New Zealand’s GDP Report

As the 4Q GDP report is expected to show a slower rate of growth in New Zealand, the development could ultimately fuel a bearish reaction in the NZDUSD.

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AUDUSD: Trading Australia’s Retail Sales Report

Retail sales are expected to pick up in January and the development could prop up the AUDUSD as the data curbs speculation for lower interest rates.

View full post on DailyFX – Trading News Events

USD/CAD: Trading Canada’s Consumer Price Report

Easing price pressures in Canada are likely to dampen the appeal of the loonie and a soft inflation report could spark a rally in the USD/CAD as market participants scale back expectations for higher interest rates.

View full post on DailyFX – Trading News Events

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